NOT LISTED FOR SALE

1040 Paper Mill Ct NW Unit 1040 Washington, DC 20007

Georgetown Neighborhood

Estimated Value: $804,052 - $844,000

2 Beds
1.5 Baths
886 Sq Ft
$922/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $635,000 $717 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,282/month

47 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Skylights
  • Hyde Addison Elementary School Rated A
  • Subterranean Parking
  • 5-minute walk to Francis Scott Key Park

About This Home

As of January 2019

This attractive condominium at the Papermill offers a flexible floor plan for townhouse-style living. The property features new flooring and fresh paint throughout, a wood burning fireplace, exposed brick, a skylight and recessed lighting. Reserved garage parking and in-unit washer and dryer convey. With an on-site pool and security guard, the Papermill is a pet-friendly association with low fees and no history of assessments. The location is second to none - nestled between M Street and the Georgetown Waterfront Park.

Last Agent to Sell the Property

Michael Brennan

(202) 330-7808 mbrennan@ttrsir.com Compass Listed on: 11/02/2018

Compass

Last Buyer's Agent

Beth Borenstein

(240) 676-1362 Beth.Borenstein@Compass.com Compass License #640613

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 1900

Lot Details

  • 546

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 886 Sq Ft Home
  • Property has 2 Levels
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • 546 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2068
  • Assessor Parcel Number 1187//2068

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, sewer, snow removal, trash, pool(s)
  • The Papermill Community
  • Georgetown Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,632

Year Built

Built in 1900

Lot Details

0

HOA Fees

$540 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Skylight(s), Recessed Lighting
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 886
  • Living Area Sq Ft: 886
  • Price Per Sq Ft: 727.99
  • Above Grade Finished Sq Ft: 886
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 540.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Pool(s)
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 388680.00
  • Land Assessed Value: 166570.00
  • Lot Size Acres: 0.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 546.00
  • Soil Types: Urban Land Not Rated
  • Zoning: MU-13
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16000406
  • Tax Annual Amount: 4632.00
  • Assessor Parcel Number: 1187//2068
  • Tax Lot: 2068
  • Tax Year: 2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Jan 10, 2019
Sold by
Levett Barry A and Levett Susie A
Bought by
Gronewold Tracy L and Klein Kurt A
Seller's Agent
Michael Brennan
Compass
Buyer's Agent
Beth Borenstein
Compass
List Price
$645,000
Sold Price
$635,000
Premium/Discount to List
-$10,000
-1.55%
Current Estimated Value
$817,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,263
Avg. Annual Appreciation
3.73%
Original Mortgage
$603,250
Outstanding Balance
$530,404
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$286,859

Purchase Details

Closed on
Jun 10, 2010
Sold by
Herrera Alberto A and Herrera Karla
Bought by
Levett Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2002
Sold by
Marrocco Drew
Bought by
Hmaidero Sald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,550
Interest Rate
6.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gronewold Tracy L $635,000 Kvs Title Llc
Levett Todd A $535,000 --
Hmaidero Sald $309,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gronewold Tracy L $603,250
Previous Owner Levett Todd A $392,000
Previous Owner Hmaidero Sald $293,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $635,000 -1.6% $717 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $645,000 -- $728 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,312 $640,580 $192,170 $448,410
2024 $5,221 $629,420 $188,830 $440,590
2023 $5,132 $618,460 $185,540 $432,920
2022 $5,137 $618,120 $185,440 $432,680
2021 $5,175 $622,090 $186,630 $435,460
2020 $5,183 $609,800 $182,940 $426,860
2019 $4,861 $571,850 $171,550 $400,300
2018 $4,720 $555,250 $0 $0
2017 $4,632 $544,980 $0 $0
2016 $3,792 $517,790 $0 $0
2015 $3,616 $496,800 $0 $0
2014 $3,620 $496,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Brennan

    Seller's Agent in 2019

    Michael Brennan

    Compass

    (202) 330-7808

    66 in this area

    141 Total Sales

    Michael Brennan
    Section Image
  • Beth Borenstein

    Buyer's Agent in 2019

    Beth Borenstein

    Compass

    (240) 676-1362

    26 Total Sales

    Beth Borenstein
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC100838

Bright MLS

APN: 1187-2068

District of Columbia District of Columbia County Washington 20007 Georgetown

1040 Paper Mill Ct NW Unit 1040, Washington, DC

Not Listed for Sale

Townhouses

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